The latest estimates from the International Monetary Fund (IMF) indicate that globally, economic growth is expected to slow to the end of 2024. Representing a slightly more optimistic view than that offered in April – plus 0.2 points for 2023 – the IMF…
The cloud services business has been lucrative for some time. Microsoft and Amazon alone each generated around $80 billion in calendar year 2022 with products such as Azure and Amazon Web Services (AWS). Although Google’s cloud division was partly resp…
The International Monetary Fund (IMF) predicts that most of the world’s major economies will see growth, except for Germany, which is now forecast to do worse than in the last report from April 2023. According to the latest July estimates, real gross d…
As of June 2023, 11 countries have adopted central bank digital currencies (CBDC), with an additional 54 being in advanced planning stages and 46 researching the topic. According to data from the Atlantic Council, the earliest digital version of a fiat…
Even though inflation of consumer prices in the U.S. has stabilized, a year-over-year increase of 4 percent persisted as of May, continuing to put pressure on households. This is despite the fact that the Producer Price Index has been falling almost co…
When it comes to buying cigars, U.S. adults are among the biggest spenders. Americans of age to buy tobacco spend around $36 per year on cigars, only topped by the Lebanese who spent almost $37 per capita last year on the vice. Other high rollers who l…
Traditional channels of pet acquisition have nothing on cats – which in a shockingly high number of cases pick their owners rather than being picked out by them. According to a 2022 survey by Statista Consumer Insights, 25 percent of American cat owner…
Nearly 60,000 contract workers in India have lost their jobs just between January and March as the important IT sector in the country continues to struggle. This is according to the Indian Staffing Federation, which was cited in a report from Reuters. …
In 2021, China produced almost 500,000 tons of natural honey, according to the United Nations’ Food and Agriculture Organization (FAO). Even though its natural properties are being contested by several national and intranational watchdogs scanning for …
The following infographic reveals greater insight into who it is that supports and condemns Russia. The left chart considers global GDP, also known as gross domestic product, which is a measure used to look at a country’s (or countries’) economic healt…
